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Wikiwicks
25 de Nov. de 2020 8:11

USDJPY indecision after news 

U.S. Dollar/Japanese YenFXCM

Descripción

#USDJPY (4H):

Last setup didn't make it to carry out because of news volatility. These news brought a lot of overall indecision. This is reflected in our chart, as we can't determine any clear overall direction (market structure formed a triangle).

However, being my bias still bearish, i believe a break to the downside has a higher probability. If not, i'm not interested in buying this market for now.
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